FINAL RESULTS FOR YEAR ENDED 31st DECEMBER 2022
In accordance with the requirements of the Securities Act No. 41 of 2016, Airtel Networks Zambia Plc. (“the Company”) is pleased to announce its audited final results for the period ended 31st December 2022
HIGHLIGHTS
The following are the key highlights for the year under review
a. Customer base stands at 9.1 million, up 14% Y-o-Y.
b. Total Revenues at ZMW 4,451 million, up 24% Y-o-Y.
c. Operating profit at ZMW 1,793 million, up 43 % Y-o-Y.
d. Profit after tax up to ZMW 921 million from ZMW 693 million in prior year. This was mainly driven by revenue growth and strong operating efficiencies.